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Europe, Asia Dragged Lower by U.S.

A Wall Street Journal Roundup

September 3, 2011

European and Asian markets finished the week with sharp losses, weighed down by concerns about their own economies as well as weak data from the U.S.

The Stoxx Europe 600 index dropped 3%, snapping a four-session winning run, to close at 231.88, extending earlier losses after U.S. data showed zero growth in jobs in August and an unemployment rate...